Magnate asks 50% overpriced for real estate if it is specified in cryptocurrencies

According to the Wall Street Journal, a finance tycoon sold a six-story townhouse in New York for $ 30 million and says he can accept cryptocurrencies as payment, albeit with an unusual condition: he asks for $ 45 million in the case of that the deal closes in cryptoactives, that is, 50% more than the price in dollars.

Claudio Guazzoni de Zanett is a wealthy financial executive who knows very well the evolution of cryptocurrencies, as he is the manager of the hedge fund Zannet Asset Management, founder of the Cryptocurrency Group, and also defines himself as Blockchain Angel and advisor on Digital Assets, according to your LinkedIn profile.

The real estate agency Douglas Elliman, dedicated to luxury buildings, gives details of the townhouse located in northwest New York, with 1200 square meters of construction and 250 meters of outdoor space on the terrace .. "This unique limestone mansion is offered in sale for $ 29.95 million (or for the equivalent in cryptocurrencies of 1.5 times the price in dollars mentioned). The seller accepts payments in Bitcoin, Ethereum or Ripple. "

The marked price difference between a payment in dollars and the payment in cryptocurrencies draws attention, precisely when the cryptoactive market seems to stabilize, after having fallen 66.8% from the maximum value reached this year, on January 6.

But Guazzoni justifies the price premium in dollars referring to the volatility of cryptoactives, and also highlights that a new relapse of the market is likely. "I am a true believer in these networks [of virtual assets] but they are very volatile. In two weeks they could be 60% below current prices, "he says. For the skeptics, these statements of the seller are somewhat contradictory - he is a believer, but apparently, an overly cautious one.

The truth is that Guazzoni would be left with a wide range of maneuver, even if the market falls again, because in the case of specifying a sale in bitcoin, would get about 5,856 BTC at the current price of the main cryptocurrency, $ 7,684, value that has experienced an increase of 11% in the last 24 hours. Only if the bitcoin came to be listed below $ 5,123 the price of the equivalent in dollars would fall of 30 million dollars.